Thursday, February 4, 2016

Deere & Company (DE) Sales Figures Give Little Cheer

The latest retail sales and dealer inventory figures from Deere & Company  gave little cause for optimism. Consequently, the near-term risk in the stock is increasing. Longer term, Deere may be an attractive stock -- its prospects can turn around quickly if crop prices start to rise -- but investors are going to have to stomach the potential downside from a number of challenges in 2016. Let's take a quick look at the latest update from Deere.
Deere
DEERE NEEDS TO SHIFT ITS LARGE AGRICULTURAL MACHINERY INVENTORY. IMAGE SOURCE: DEERE & COMPANY.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED